Commercial Intelligence.

Hawke's Bay Times, Volume XIII, Issue 547, 30 January 1868, Page 2

Commercial Intelligence.

ENG LI SII COM MER CIA J.. WOO!. REPORT. Messrs. Drr.rny A Ifuy i v.::, in their Trices Current, dated November SO, report rs follows ; The public sale? of .-nlonial wool which cam-' roenced on N.v. m hue thus far proceeded without material eh.age up i thermos. :g rates. The following q anilities ha.-, a p .s-mu hammer : Syilney. il.ivs bales; For! ri:i’;:• b .I.;--; Van !)’.-tiien’s Laud, !»7»! hales: Ad •: . !-o,i bales : New /'calami, DM 2 bales; C..pc, 2d, .■ ■ bale;; total, 58,-V>4 bale ■. Of these, perhaps, .; a bmc.s have been wit .ulraw u. Capes have reeed:-.! I am ’ to 2(1 p.-r lb, l,;e tau'ty ;;n;l siiori (hmeriniien? being hardly saleab'e even at tins v.>ane;i,.n. Svdno.vs have suiter, d fuby to tbo ram ■; x.eul. the r real cst fall being upon low and fan's-- lls.-ce womU. unoiv

parcels of which could h-, j,; ilt : ,h. Good scoured wools, on tl. - Ter 1,-,n 1, have been sought after and sold comp rativel.v we ll . The supply of Port Philip wools >:-ci gs’ii illat ri season, it had been hoped that prices w-r.lu imv been tolerably well maiulohit-d, bat tue comber.-, both hare avd cn the Continent, have, been doin ,- -o badly for some time past that hardly ar.v of them are represented at these sales. ami licn-e the rc- , duct lon on stapled wo As, oven of the Letter descriptions.ha>bepo extiv a. iy heavy. Wcmi;-. qn ■!■,■ all fleece wool fn’ly 2d pc- P> 1 , and there arc in»t .nee- .f 3d redaction. Gr e-v wool, is about I'd per i'o lower. '■ ■■■.■nc-.-at st Ignat ion oi 1 rale tor s - rue 1: ;nc pa -1 i-. ol con isc. tile jhnnieihale c.ei e• f ).;•< Mint unf-v arable follow even if mt.nnf.-tu.v.-s wore move inky oc linemen of wool ha? bemi so rond of late years that it i. .s at last cou.-Mcrably < .c>o< .led the' c-m----•umption: hence wc sc,- m ail the markets imm., -si stocks that n ill be e .rrieii over into the new year and keep down the in h-.-s of the new c !; ps. This excess of production over consumption must have the ebeet of permanently low. ring the value of the article, and it. behoves o-'eraiors m the colonies not to lose sight of this fact, or the result cf the realisation of the next clip will ho as unfai livable as the one now being sold.